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SB 1092 Florida Senate · 2025 Regular Session

Assessment of Homestead Property

Summary
Assessment of Homestead Property; Revising the method of homestead property assessments; requiring that assessments be at the most recent purchase price or, in the case of new construction, the cost of construction; requiring that reassessment be the prior assessed value or a specified calculation; authorizing the Department of Revenue to create a grant program for a certain purpose, etc.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill revises homestead property assessment methods, directly impacting taxation and revenue. It also authorizes a Department of Revenue grant program, involving government spending.95% confidence ✗ HousingOpposes HousingThe bill revises homestead property assessments based on recent purchase price or construction cost, which can increase property taxes for new homeowners and construction, potentially limiting housing affordability.80% confidence
Bill status died 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 4, 2025 Last action Jun 16, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Mar 4, 2025
Introduced
Introduced
upper
Mar 3, 2025
Committee
Referred to Community Affairs; Finance and Tax; Appropriations
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jonathan Martin
Jonathan Martin
RRepublican
FL
33